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Nanophase Technologies (Nanophase Technologies) EBIT : $-1.43 Mil (TTM As of Mar. 2024)


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What is Nanophase Technologies EBIT?

Nanophase Technologies's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was $1.11 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was $-1.43 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nanophase Technologies's annualized ROC % for the quarter that ended in Mar. 2024 was 16.47%. Nanophase Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 18.54%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Nanophase Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -1.41%.


Nanophase Technologies EBIT Historical Data

The historical data trend for Nanophase Technologies's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nanophase Technologies EBIT Chart

Nanophase Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.80 1.49 3.51 -2.26 -3.55

Nanophase Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.00 0.58 -1.22 -1.90 1.11

Competitive Comparison of Nanophase Technologies's EBIT

For the Specialty Chemicals subindustry, Nanophase Technologies's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nanophase Technologies's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nanophase Technologies's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Nanophase Technologies's EV-to-EBIT falls into.



Nanophase Technologies EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.43 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Nanophase Technologies  (OTCPK:NANX) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Nanophase Technologies's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=4.444 * ( 1 - 0% )/( (25.039 + 28.922)/ 2 )
=4.444/26.9805
=16.47 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

2. Joel Greenblatt's definition of Return on Capital:

Nanophase Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=4.444/( ( (16.575 + max(5.098, 0)) + (16.425 + max(9.848, 0)) )/ 2 )
=4.444/( ( 21.673 + 26.273 )/ 2 )
=4.444/23.973
=18.54 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.467 + 10.031 + 1.082) - (7.129 + 2.353 + 0)
=5.098

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5.227 + 13.281 + 1.496) - (7.564 + 2.592 + -1.7763568394003E-15)
=9.848

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Nanophase Technologies's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=-1.429/101.271
=-1.41 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Nanophase Technologies EBIT Related Terms

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Nanophase Technologies (Nanophase Technologies) Business Description

Traded in Other Exchanges
N/A
Address
1319 Marquette Drive, Romeoville, IL, USA, 60446
Nanophase Technologies Corp is a U.S based company engaged in the production of engineered nanomaterial solutions and larger, sub-micron, materials such as personal care sunscreens, architectural coatings, industrial coating applications, and abrasion-resistant additives, plastics additives, medical diagnostics, energy. Its technologies are designed to offer nanomaterial solutions for a specific customer application across various industries. Its products include Aluminum Oxide, Antimony Tin Oxide, Bismuth Oxide, Cerium Oxide, Iron Oxide and Zinc Oxide. The firm categorizes its revenue stream into three main product categories, Personal Care Ingredients, Advanced Materials and Solesence. Substantial revenue is generated from the sale of Solesence finished products.
Executives
Jess Jankowski officer: Chief Financial Officer
R Janet Whitmore director
Bradford T Whitmore 10 percent owner 5215 OLD ORCHARD ROAD, SUITE 620, SKOKIE IL 60077
Mark E Miller director 1319 MARQUETTE DR, ROMEOVILLE IL 60446
Kevin Cureton officer: VP, Sales & Marketing & BD 1319 MARQUETTE DRIVE, ROMEOVILLE IL 60446
Strandler, Llc 10 percent owner 401 3RD STREET, #9, RAPID CITY SD 57701
Laura M Beres director 1319 MARQUETTE DR, ROMEOVILLE IL 60446
Jaime Escobar officer: Chief Financial Officer 1319 MARQUETTE DRIVE, ROMEOVILLE IL 60446
Frank Cesario officer: Chief Financial Officer C/O ISCO INTERNATIONAL INC, 451 KIGSTON COURT, MT PROSPECT IL 60056
James A Henderson director 301 WASHINGTON ST, COLUMBUS IN 47201
George A Vincent director C/O NANOPHASE TECHNOLOGIES, 1319 MARQUETTE DRIVE, ROMEOVILLE IL 60446
Spurgeon Corp 10 percent owner 407 S. THIRD STREET, SUITE 230, GENEVA IL 60134
W Edwin Tyler director ONE NORTH WACKER DRIVE, SUITE 4200, CHICAGO IL 60606
Nancy Baldwin officer: VP Human Resources & IT 1319 MARQUETTE DRIVE, ROMEOVILLE IL 60446
Patrick G Murray officer: VP Research & Development 1319 MARQUETTE DRIVE, ROMEOVILLE IL 60446

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